Senior Financial Analyst- ALM

Interra Brand•Goshen, IN

4d•Onsite

About The Position

As a Senior Financial Analyst, you will be responsible for providing in-depth data-driven financial analysis and long-range forecasting and planning of the Credit Union. You will support the Finance Manager with deriving meaningful insights from historical performance data to drive effective decision-making. This role involves providing highly specialized financial consulting, conducting product pricing analysis and recommendations, and identifying key performance metrics and success factors. You will be accountable for reviewing, analyzing, and recommending day-to-day investment and wholesale funding portfolio activities, executing the annual budget process, providing analysis to executive management, and leading both deposit and loan pricing committees. The goal is to provide analysis and recommendations that drive margin and profitability, while ensuring compliance with pertinent Credit Union policies. This position has no direct reports.

Requirements

8+ years' financial analysis experience within the financial industry.
Experience running an Asset Liability Management Model such as FPS, QRM, Empyrean, or similar required.
Bachelor’s degree in Accounting, Finance, Economics, or related field.
Must have and maintain a valid driver's license.
Excellent decision making, analytical and investigative abilities with attention to detail and accuracy.
Ability to evaluate pros and cons, risks, and benefits of different solution options by asking the right questions and acquiring data from multiple and diverse sources when solving problems.
Strong organization and prioritization skills, and problem-solving skills.
Advanced proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint).
Advanced knowledge of Credit Union regulations, products, policies, procedures, and services.
Highly disciplined individual, self-motivated and results oriented.
Ability to deal with highly confidential information in a professional manner.
Must be able to work in a team environment with the ability to interact in a positive manner with peers, management, and other departments along with mentorship and organizational skills.
Ability to provide world-class member service while executing Interra’s vision, mission, and delivery of Core Values.
Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team.
Must be able to read and carry out various written instructions and follow oral instructions.
Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics.
Must be able to speak clearly and deliver information in a logical and understandable sequence.
Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public.
Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace.
Must be able to effectively handle multiple, simultaneous, and changing priorities.
Must be capable of exercising highest level of discretion on both internal and external confidential matters.

Nice To Haves

Exposure to capital markets preferred.
A Bloomberg Certification is preferred.

Responsibilities

Provide financial, analytical, and forecasting expertise to drive data-driven decision making.
Provide strategic balance sheet management recommendations to management through ongoing forecasting and Asset Liability Management analysis.
Develop and maintain ongoing risk-return analysis guidelines to drive margin-related balance sheet decisions.
Develop financial analytical and forecasting models to predict results of business initiatives.
Develop specialized analytical tools to facilitate valuation analysis or to solve business problems.
Understand the whole financial function and the key business areas supported.
Develop and maintain an ongoing model monitoring and governance policy in coordination with the Manager Finance.
Ensure all requirements in the policy are being met.
Evaluate and manage the interest rate risk position of the Credit Union utilizing advanced tools such as derivatives.
Coordinate and assist with the Manager Finance to ensure that annual stress testing and scenario analysis are complete.
Oversee and execute the credit union's investment strategy, utilizing Bloomberg, within the investment policy guidelines established by the Asset Liability Committee considering forecasted liquidity needs, liquidity risks, capital constraints and strategic initiatives.
Support junior-level analysts with coordinating monthly and quarterly forecasts in addition to the annual planning process for assigned business units.
Assist junior-level analyst staff with developing insightful and standard reporting that will guide decision-making at the executive level.
Responsible for annual updates to management reporting infrastructure cost allocations and monthly allocation processing.
Analysis and interpretation of loan and deposit product pricing and profitability.
Formulate recommendations to management for discussion in loan and deposit pricing.
Develop and maintain loan pricing model/software to ensure accurate pricing output information.
Ensure that data and reporting supplied in committee meetings are relevant and drive discussion for decision-making.
Ensure that product pricing is within the scope of the Credit Union's product pricing strategies through complex modeling and analysis.
Ensure that pricing strategies align with strategic initiatives.
Lead various financial projects and ad hoc analysis support relating to expenses and large vendor payments.
Develop integrated models, projections, reports, and presentations that concisely identify costs/benefits and risk.
Create and analyze monthly, quarterly, and annual reports and ensures financial information has been recorded accurately.
Handle complex and high-level financial analysis, supporting the junior-level analysts in assigned ad hoc projects and analysis.
Present and discuss analysis with senior management.
Utilize back-testing results from ad hoc analysis to drive efficiencies and process improvements for future analysis.
Prepares and reviews the annual forecast/budgeting process from initiation to Board approval for their area of responsibility.
Maintain confidentiality of all pertinent information, securing sensitive information.
Provides recommendations and analysis for use by senior managers and executives to evaluate their businesses, including industry benchmarking.
Assist with various projects to include the annual budget process.
Provide analysis and recommendations to both deposit and loan pricing committees to support an appropriate level of gross margin while maintaining relevancy in the competitive markets.
Comply with all company policies and procedures, applicable laws, and regulations, including but not limited to, the Bank Secrecy Act, the USA PATRIOT Act, and the Office of Foreign Assets Control, in addition to all Interra policies.